Hi Leila I love your perspective for slow FI. I have reached lean fire december last year and hope to get regular fire 2025. Saved hard-core for the last 5 years and I don't regret any second at all cause I love investing and Iove to watch the increase of dividends. Don't have any intention to stop work since I am only 35. Intention is to shift to entrepreneurship for my slow fi life while my portfolio still going up. Wish all the best on your journey so keep us posted.🎉
This is the way. I set my retirement age at 50. I did slow FI, working 70% of full time and took time to enjoy my life. Now I hit Coast FI at 37 so I can dial back, but since I took it slow, I feel I can continue working at this intensity until 50 to retire with more, or push up the retirement by a couple of years :)
Very interesting concept! I had not yet heard of slow FI. At a certain point I was confused cause it really just looks like saving for normal retirement, but then you mentioned the retirement at for example 55 so that makes it clear why it is still a RE. I agree it is really important to live life now and enjoy it now (while still preparing for the future ofcourse!). This is a recent mindset shift I'm going through. I had my first baby at 25 so there was no way to reach FIRE and then spend all the time with the kids (as I have seen some people in the FIRE community do), but I started taking unpaid time off work in the summer, and I used to think in terms of 'how much does this cost me in money': I don't get paid, so I have to save up extra to cover that month and obviously nothing to invest that month. But just recently I started thinking how much it will cost me in time if I don't take the time off, there is no point in reaching FIRE asap and then sitting at home alone because the kids are grown up. I much more want to spend the time with them now (while they still want to :-)).
I feel this so much!! I'll be 37 when my only child graduates high school. I currently choose to work part-time so most of my time I can be present for her. ❤ By the time she graduates our home will be paid in full. From there I'll work full-time and invest 50%+. We do invest now but not enough to reach FIRE.
Loved the video ! I’m in the same page , I work a full time corporate job in finance and also create content/ host and commentate events in my niche. In a coupe of months I’ll go part time in my corporate job and that’s a beginning for my slow journey ❤
Thanks so much for making this video, Leila! I recently heard about Slow FI this year so your points about Slow FI resonated with my own view about it. I am personally pursuing Coast FI because I enjoy investing and gaining more confidence about investing as I gain more experience. Look forward to your future videos, especially the sabbatical and entrepreneurship videos!
I did not know this was a thing but this is also kind of what I have been doing! I love my job but probably in 5-10 years I want to start scaling back and retake more time for travel and self care. ❤🎉 love this! For now gotta pay for this house!
Hi Leila, this approach is a bit confusing to me. What is the difference to the normal/common way of living (apart from maybe putting more effort in entrepreneurship)?
Slow FI involves living intentionally and slowly, and reducing the things that don't make you happy. For me that means not working a full time job, so it's very different. However, someone may still pursue Slow FI and work full time of that's what they're OK with
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Love this. This is definitely our approach too. We want to enjoy your money now but make sure we’re mindful about saving for retirement. 🥳❤️
Hi Leila I love your perspective for slow FI. I have reached lean fire december last year and hope to get regular fire 2025. Saved hard-core for the last 5 years and I don't regret any second at all cause I love investing and Iove to watch the increase of dividends.
Don't have any intention to stop work since I am only 35. Intention is to shift to entrepreneurship for my slow fi life while my portfolio still going up. Wish all the best on your journey so keep us posted.🎉
This is the way. I set my retirement age at 50. I did slow FI, working 70% of full time and took time to enjoy my life. Now I hit Coast FI at 37 so I can dial back, but since I took it slow, I feel I can continue working at this intensity until 50 to retire with more, or push up the retirement by a couple of years :)
Get what works for you. I never needed much ,my contentment level is at a rich level for me and I’m so grateful for that level.
Very interesting concept! I had not yet heard of slow FI. At a certain point I was confused cause it really just looks like saving for normal retirement, but then you mentioned the retirement at for example 55 so that makes it clear why it is still a RE. I agree it is really important to live life now and enjoy it now (while still preparing for the future ofcourse!). This is a recent mindset shift I'm going through. I had my first baby at 25 so there was no way to reach FIRE and then spend all the time with the kids (as I have seen some people in the FIRE community do), but I started taking unpaid time off work in the summer, and I used to think in terms of 'how much does this cost me in money': I don't get paid, so I have to save up extra to cover that month and obviously nothing to invest that month. But just recently I started thinking how much it will cost me in time if I don't take the time off, there is no point in reaching FIRE asap and then sitting at home alone because the kids are grown up. I much more want to spend the time with them now (while they still want to :-)).
I feel this so much!! I'll be 37 when my only child graduates high school. I currently choose to work part-time so most of my time I can be present for her. ❤ By the time she graduates our home will be paid in full. From there I'll work full-time and invest 50%+. We do invest now but not enough to reach FIRE.
Thank you for sharing and I love that! I think it's definitely worth it to get that extra time with your children ❤️
Great explanation. It’s not the flavor of FI I’m pursuing, but I do think slow FI offers the best mental balance.
Loved the video ! I’m in the same page , I work a full time corporate job in finance and also create content/ host and commentate events in my niche. In a coupe of months I’ll go part time in my corporate job and that’s a beginning for my slow journey ❤
Ooh that's so exciting! Are you planning on working a part time job that offers health insurance? Or do you have another option?
@@PersonalFinancewithLeila I’m in Europe but yes my job offers all benefits even when I switch to part time 😊
Thanks so much for making this video, Leila!
I recently heard about Slow FI this year so your points about Slow FI resonated with my own view about it.
I am personally pursuing Coast FI because I enjoy investing and gaining more confidence about investing as I gain more experience.
Look forward to your future videos, especially the sabbatical and entrepreneurship videos!
Thank you Marcia!! 😊
I did not know this was a thing but this is also kind of what I have been doing! I love my job but probably in 5-10 years I want to start scaling back and retake more time for travel and self care. ❤🎉 love this! For now gotta pay for this house!
Plus you worked so hard to get where you're at now, but it will also help you reach financial independence faster which is exciting!
I love that you share such interesting content. Best wishes 🧡
I feel like I am on the path to slow fi as well. I plan to retire at 48 but time will tell. I love what I do at the moment.
Thank you for sharing 😊❤
I like this a lot thank you!
Glad you like it! Thank you!
I really enjoyed this series Leila! Wishing you many slow ooey-gooey mornings on your path
Hi Leila, this approach is a bit confusing to me. What is the difference to the normal/common way of living (apart from maybe putting more effort in entrepreneurship)?
Slow FI involves living intentionally and slowly, and reducing the things that don't make you happy. For me that means not working a full time job, so it's very different. However, someone may still pursue Slow FI and work full time of that's what they're OK with
Yeah this used to just be called having your finances in order. This isn't really related to the FIRE movement at all.